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Jan 17, 2013 4:30pm PST
>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. boeing is grounded. regulators around the world tell boeing to park its troubled dreamliner. so what's next for boeing customers, and investors? >> tom: i'm tom hudson. from a pickup in housing, a drop in unemployment, and strength in manufacturing, has the u.s. economy has finally turned a corner? >> susie: and messy earnings news from two giant banks: a big earnings miss from citigroup, and a big earnings drop at bank of america. investors dump the stocks. >> m: that anmore tonight on n.b.r."! >> susie: hundreds of flights were canceled today and airlines rushed to make back-up plans after regulators around the world grounded boeing's 787 dreamliner. those actions came after the federal aviation association ordered the plane out of the air after two incidents where lithium ion batteries overheated. boeing says it is confident the 787 is safe and says it stands behind the plane's overall integrity. this is only the second time in more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter:
Jan 17, 2013 4:00am EST
tinto shocks the market. the mining giant reveals it will book a $14 impairment charge. >>> and boeing hits more turbulence. this as top rival airbus gets set to report its commercial results within the hour. >>> the biggest retailer in paris talked about sales improving in the fourth quarter because of strength in its two biggest hkts. >>> and bank of america and citigroup will report earnings in the u.s. with mortgage lows expected to weigh on results. >>> hello and welcome to today's "worldwide exchange." plenty to get to on the corporate front. maybe things are getting better. >> so much corporate thus. much less of the european central bank crystal ball action. we'll get to all of on those stories. we're going all over the world to bring them to you. rio tinto's ceo steps down ask we'll ask whether the miner's mozambique actions are to blame for his sudden exit. >>> boeing is set to report 2012 orders. >>> here in london, we'll take you from the luxury road to the high street with december sales in focus. >>> and with another set of u.s. bank earnings on tap, we'll speak to the fo
Jan 17, 2013 7:00pm PST
more than 30 years that regulators have grounded a plane. darren gersh reports. >> reporter: boeing has spent more than $30 billion developing the 787 dreamliner. one reason for the high cost is boeing's decision to upgrade the hydraulics and other mechanical systems with next-generation technology that runs on electricity. >> you've got generators on board the aircraft that are powering the systems directly with electricity. that, of course, means a lot more juice is flowing through the plane. it also means you need more powerful batteries as backup systems. >> reporter: investigators from the federal aviation administration and national transportation safety board are working with their counterparts in japan to try to determine whether a manufacturing defect caused the battery in an all nippon airways 787 to burn up. if that proves to be the case, boeing may find the fix is straight forward. but if the problem is the lithium battery technology itself, boeing faces a more difficult engineering challenge. >> lithium ion batteries have a lot of power and of course there are many type
Jan 18, 2013 4:00am PST
fallout boeing might face as dreamliners are forced from the sky. gold is making a big move. why billions of dollars in gold will soon travel overseas. independent hardware stores are struggling. do the little shops around the corner have the tools to last? plus, the guys in traders unplugged talk tech, airlines and debate whether jamie dimon deserved his pay cut. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, january 18th. i'm angela miles. in today's first look: stocks on the rise. the dow caught a bid and the s&p 500 jumped above a 5-year-high on encouraging news from home building, which offset negative news from bank of america and citigroup. gold and oil also gained groud following the attack in algeria at a natural gas plant. intel took a revenue hit as earnings topped estimates. and today is the deadline to file caims under the national mortgage settlement. the number to call and the email address are on your screen. let's get a peek at the friday trade with john brady of rjo'brien. good
Jan 11, 2013 11:00am PST
review of the boeing dream drome because of mechanical problems. this is happening at the same time the airport is welcoming the japan airliner floit to tokyo. >> the flight is scheduled to leave at 11:45. the parges were not nervous about the new airplane. they will get comfort and see a famous passenger that is traveling with them and said he feels fully confident in the 787. boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >> when there is it a introduction to the airplane there is always something. there is nothing major on this one. >> former transportation secretary has full confidence in the federal officials charged with protecting airline travelers . nn th
Jan 30, 2013 6:00am EST
, and today's fed meeting. as boeing prepares to roll out results, more details about when the arizoni aerospace giant kne problems for the dreamliner. >>> and margins better than expect expected for blackberry. it -- for amazon. it's wednesday, january 30, 2013. and "squawk box" begins right now. >>> good morning, everybody. welcome to squaw"squawk box" he cnbc. today we have the four bs -- ben bernanke and the fomc holding their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitati
Jan 17, 2013 6:30pm PST
safety authorities follow the u.s. in grounding all boeing 787 dreamliners pending a safety review. >> and former barcelona coach pep guardiola gets set to take over bayern munich. we begin in algeria where there are conflicting reports coming in from the southeast of the country. several hours ago, it was reported some foreigners and algerian workers had managed to escape from the gas facility where dozens of hostages are being held by extremists. now, a mauritanian news agency is reporting that as many as 35 hostages and 15 of their captors have been killed in air strikes by the algerian armed forces. there has been no independent confirmation, though, of that news yet. >> one group linked to al qaeda claimed the hostage-taking was in retaliation for the french intervention in neighboring mali, where french troops are moving deeper into territory still under rebel control. further north, the french air force is targeting a legend rebel positions. the unrest is now fear to be spilling across the border into algeria where the country's army has surrounded the scene of the hostage-t
Jan 17, 2013 5:30am PST
. boeing dreamliner grounded because of safety concerns. and we are test driving the new technology meant to cut down on mistakes at the wheel. algerian soldiers have surrounded a gas facility near the border with libya. two people and killed. gunmen are holding about 40 people inside. we have spoken with some of the hostages. it's not clear if there were speaking underdress. duress. the but the photographer decided not to show their faces. >> this is the gas field where the workers are being held hostage. it's run by british, norwegian, and algerian companies. the nationals are being held from algeria, ireland, japan, france, and the united states, and britain. >> many of the people i've worked in the area many years. i asked for your understanding for not being able to give you more detailed information. >> it's not clear how many algerian workers are being held. least 30 people have managed to escape. a catering company said that it has 150 employees alone still confined at the plant. the gas field is in remote parts of the country's eastern desert, serviced by its own air fields, acco
Jan 17, 2013 7:00am EST
. and things just got tougher for boeing. >> the dreamliner is now grounded globally from washington to tokyo. boeing is the world's biggest plane maker. >> its new and in london, 7:00 a.m. in washington, 1:00 p.m. in algeria. interest extremists --- islamic extremists are holding dozens of workers hostage deep in the sahara desert. the algerian army has surrounded a gas complex and will doubt any negotiations. this is the man they think is behind one of the most serious hostage crises in decades. mokhtar belmokhtar issued a statement calling for an end to the french military intervention against islamist rebels in neighboring mali. we will be asking if that's really the reason. >> the complex and deep in the algerian desert that is the focus of the international hostage standoff, now supposedly surrounded by the algerian army. there were clashes overnight between algerian troops and the heavily armed hostage-takers. with americans, japanese, algeriansand held hostage. >> i would like to say these kind of acts are absolutely unforgivable. after hearing the news last night, i gave out three or
Jan 17, 2013 1:00pm EST
. of course one of the big stories turbulence for boeing, regulators grounding the plane. how long will it take to get boeing to get this plane back in the skies. ceos, business ceos want to raise the retirement age to 70. saying it will save billions in social security and medicare spending. is it a good idea or are mike corbath. a long road lay ahead. they called results lackluster and they were worried expenses are still too high. citi cfo were worried legal costs will stay elevated around 3 billion. bank of america eked out a small profit beating by a penny. it had widely telegraphed a number of charges stemming from a settlement with fannie mae. the bank continued to boost its capital buffers. both banks saw net interest margins rise largely due to paying down more expensive debt. what investors really want is return on tangible equity. they called this the key metric for citi going forward. for the year, jmp calls it 2.5%. considering that metric for jpmorgan and wells fargo is consistently above 10%, it's no surprise to see today's tradeoff. they're using any excuse to take
Jan 11, 2013 6:00am PST
facing the boeing 787 dreamliner jet just hours ahead of the bay area debut. >> shoppers look for bargains at a california nordstrom rack but are part of an overnight hostage stand off. >> a 17-year-old boy is the first homicide victim of the year coming up i will tell you why his sister thin he was targeted. >> monitoring the friday morning commute, lights are on on the bay bridge and backup is past the first overcrossing in the cal trend parking lot and no problem on the upper deck. >> live from the kgo center, this is abc7 news. >> good morning, everyone. it is friday, january 11. thanks for starting your day with us. there is a slight difference in color on the forry -- for the ferry building. it was orange and now it is more reddish. why? >> is there a big game? the 49ers playoff against packers tomorrow? everyone has niners spirit? the bay lights installation being tested you can see the lights on the bay bridge western span looking different with the l.e.d. lights. >> thanks for being with us. i i am eric thomas. mike nicco in. >> some of live doppler 7 hd is setting th
Jan 16, 2013 7:00pm EST
news. the faa has just moved to ground all 787 boeing dreamliner flights. that's right. the faa says this is until boeing can prove its on board batteries are quote safe and in compliance. this comes after a recent slew of on board fires on these new jets. finally tonight how can the gop start winning national elections again? my pal and our special guest, joe scarborough, the anchor of msnbc "morning joe" is going to join us later. he and i will plot some republican reform. >> first up let's start with boeing. the faa has grounded the boeing 787 dreamliner in the u.s. pending a safeafet check of the plane's lithium batteries. united airlines has already announced it will comply with the order, they have no choice to do so. remember also boeing is a dow component and selling off in the aftermarket and remember this is all related to the recent spate of incidents on board the 787 both here and the united states and in japan. there's been fires in the cockpit on two occasions and fuel leaks as well. our phone phil lebeau will join us with this story. now back to the headline story, pre
Jan 8, 2013 7:00pm EST
evening, everyone, i'm larry kudlow. is the boeing 787 fit to fly or is it a firiing nightmare. and the stock has been crushed. meanwhile after filling out his national security bcabinet. we have government shut downs and debt ceilings. vice president sebiden is meeti with the nra and senator feinstein wants to ban handguns the kudlow report begins right now. >> cnbc contributor jared bernstein. i can't think of a single reason why they have to put in such an unstring wi undistinguished person in such an important spot. >> i take issue with that. you have to take into consideration issues, but i will say when it comes to one of the most important jobs of the treasury secretary, which is managing the budget, you can't have a better guy than jack lu. you can talk a lot about it. >> that is where i disagree. this is not, hang on a second. i'm going to give jimmy a whack at this. this is not the director of the office of managing the budget. that is where i used to work. this is about financial matters. this is about guys who know what goes on at the world's financial capitol. this
Jan 17, 2013 6:00am EST
>>> good morning. boeing grounded. the cfpb is unveiling new regulations for mortgage services and a hostage crisis. americans are among the workers being held at a gas field in algeria. it is thursday, january 17th, 2013 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. in our headlines, the united states, europe, japan and india are grounding boeing 787 dreamliner jets while the batteries are being investigated. shares of boeing are down once again this morning on this news. in fact, at this point, the premarket is down by almost 3%. phil lebeau will join us live from o'hare in just a moment. also today, a number of names to watch before the opening bell, including citigroup, blackrock and united health. as always, we will bring you these numbers as soon as they hit the tape. we have weekly jobless claims, housing starts and the philadelphia fed survey. claims are expected to dip to 368,000 from 371,000. housing starts are seen rising to 890,000 to 861,000. andrew,
Jan 16, 2013 6:00am PST
not appear to be likely. >> now, japan has grounded the entire fleet of boeing 787 dreamliner jets following an emergency landing. abc 15 news reporter is live at san jose international airport with the big impact in the bay area. amy? >> flights to and from tokyo have been canceled raising questions of what will happen to the people who are stranded would need to get home including former transportation secretary norm mineta who left on a boeing 787 dreamliner and left on saturday. a boeing 787 dreamliner made an emergency landing in western japan because of battery problems on board. it was considered a serious incident that could have caused an accident. this is been other problems on other boeing 787 dreamliners so two airliners decided to ground them days after san jose celebrated the dreamliner in the inaugural flight from san jose to japan. officials were very excited of the potential boost to the economy. four flights have left san jose if japan since friday. now flights have been canceled. the status for the passengers is to be determineed. mineta said he needed to get back on satur
Jan 13, 2013 9:00pm PST
problem for boeing's plane of the future. company's response after several flights are grounded in japan. plus high-tech plan being considered in kenya that could considered in kenya that could cut elephants by 90%. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for life. only $29 a month for six months. rethink possible. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so fun. where will it send me... one call to hove
FOX Business
Jan 17, 2013 4:00pm EST
with boeing dreamliners as well. that is about it for the most part. liz: thank you very much. let's get back to intel because the fourth-quarter results met estimates, but it is the current quarter outlook getting people little spooked because right now, nicole, we are seeing the stock moderate a little bit. nicole: the part that is surprising to traders and what t has been brought to my attention. i said moments ago, you said 4% now. ithat is because the numbers are starting to come out. these breaking news headlines of the earnings per share and revenue came out right before the closing bell, and that is why we saw the action, the quarterly profit topped estimates of course. and then we saw the stock jumping intraday. you saw that right here at the end. liz: should we read much into this? >> traders said it is so weird how it came out before 4:00 p.m. have been right there on the closing bell, the busiest moment in market trading. as far as the outlook, the 2% where it had been prior. we should talk about the earnings per share $0.48, revenue came pretty much little bit weak. david: are we
Jan 8, 2013 1:00pm EST
of flying after boeing runs into even more trouble with the dreamliner. then there is fear of the flu. it is spreading coast-to-coast like -- well, like the flu. but since we're cnbc, we have found ways to profit. the fear of earning season. alcoa kicks it all off later today right after the bell. meantime let's get things started with sue at the nyse. >> breaking news, there's another problem with boeing 787. phil lebeau live in chicago. >> reporter: take you to boston. at the airport reports of responding to a fuel leak of a japan airlines flight that was scheduled to take off from boston to tokyo. as we take a look at shares of boeing, let's point out we have not confirmed this is a 787 dreamliner but that's the type of aircraft flying between boston and tokyo for japan airlines. again, this would be a fuel leak with an engine completely separate if it is a dreamliner from what happened yesterday. the reason we showed you shares of boeing over the last couple of days, this stock has been pummeled, down 4% over the last couple of days. in part because a lot of people have headline r
Jan 11, 2013 5:30pm PST
to review boeing's troubled 787 dreamliner. >> brown: ray suarez talks with "washington post" reporter cecilia kang, who walks us through the high-tech offerings at this year's consumer electronics show. >> samsung came up with a very interesting 5.5 inch flexible screen that kind of makes you imagine all kinds of possibilities >> woodruff: plus mark shields and david brooks analyze the week's news. that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> and by bnsf railway. >> support also comes from carnegie corporation of new york, a foundation created to do what andrew carnegie called "real and permanent good." celebrating 100 years of philanthropy at >> and with the ongoing support of these institutions and foundations. and friends of the newshour. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the future u.s. military role in afghanistan was front and center today as president obama met with afgh
Jan 11, 2013 6:00pm PST
: still to come on the newshour: the faa's decision to examine the boeing 787 dreamliner; the buzz on cutting edge technology; and shields and brooks. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: the death toll in a double bombing on a billiards hall in pakistan rose to 86 today. shiites were the target, and today some people refused to bury their dead in protest, demanding the government protect them better. the twin bombings were the worst in a series of attacks yesterday that killed a total of 120 people. in syria, rebel fighters captured control of a major air base in the northwestern part of the country. they seized helicopters and other weapons at the taftanaz base in idlib province. it's the largest military site they've taken so far. meanwhile, in geneva, u.n. envoy lakhdar brahimi met with u.s. and russian diplomats in a search for a political solution in syria. he said later that prospects appear grim. france intervened in mali today to stem an offensive by islamic rebels linked to al qaeda. within hours of arriving, the french launched a
FOX Business
Jan 11, 2013 1:00pm EST
a few minutes. lori: boeing 787 dream liner is safe. if boeing stock safe for your portfolio? melissa: if your new year's resolution is to get in shape, this one will hurt. the gym membership, at that price, they better be working out for me. [ laughter ] all right, time for stocks now as we do every 15 minutes. lauren a sibling that he is standing by. stocks struggling today. >> holding this titrating pattern for much of the session. the dow is up seven points. energy is flat. let's take a look at wells fargo. profits hit a record high. that is good. they are not doing as many mortgages. they are the nation's biggest lender. you can see it is down by one and a quarter percent. cheryl: how did last year's drought play out? jeff: it was pretty wild in here today. five of the past six years, this has been a limit move. take a look at what it was. we had, i think, scott shall indeed, a 26-point move. >> we had a pretty big range. jeff: this crop report is definitely a mover. take a look at this. this is the usda world agriculture supply and demand. it is down 13% on the year. acres harve
FOX Business
Jan 17, 2013 11:00am EST
and connell. dagen: the dream liner rounded around the world for battery checks. the damage done for boeing. connell: manti te'o and lance armstrong. the price that some people pay for image. dagen: the bp price hostage. former agent who carried out numerous operations in that very country on what can be done. connell: welcome to the 21st century. quite a buzz inside the republican party today. get its own jay carney. it is a pretty good hour that we have lined up. dagen: a lot of news. that situation in algeria changing fast. connell: nicole petallides joining us every 15 minutes. nicole: not the day that we expected exactly. we got into earnings from citigroup and bank of america. some improvement in housing and labor. we see the dow jones industrials up about 55 points. the market remains to this trend to the upside. we wanted to take a look, also, at a name on the move. that is boeing. they are under pressure again. it has been flagged by one issue after another. it has now been grounded by the faa over in europe. for the month, it is down 2%. on the one hand, it is horrendous and havin
FOX Business
Jan 17, 2013 1:00pm EST
. melissa: boeing dreamliners grounded around the world. can boeing convince customers to jumbo jet is safe to fly? lori: house republicans huddling in williamsburg at their annual retreat to squash internal fighting and hammer out a strategy to deal with the looming debt ceiling. melissa: chaos in algeria, the fate of dozens of hostages is unknown. some reportedly have escaped. fox news middle east analyst and lou dobbs will weigh in. first, time for stocks, let's check with the floor the new york stock exchange, nicole petallides is standing by. the dow just awful session highs, but not having a bad day. nicole: not bad at all. up about 90 points off of the highs of the day. was yesterday a fluke? we had five days of gains, gave back a little bit yesterday and back in the green again. look at the nasdaq up more than half a percent. the s&p 500, gains across the board. economic news for labour numbers and those were good, housing starts have been on the move as well, that was well above expectations. let's take a look at some of the homebuilders in particular, which have had a great run re
Jan 11, 2013 11:00am PST
officials announce an investigation into boeing 787 dreamliner, hear how boeing is responding. >>> that didn't stop the celebration as san jose welcomed its first dreamliner flight this morning. what the new flight means for silicon valley, you're watching nbc bay area news. >>> good morning, and thanks for being with us, i'm lara. >>. and john kelly is off today. it has been a different start to the year for boeing 787 dreamliner, first an electrical fire on the tarmac at boston's logan international airport. then a fuel link on another plane a day later. and overnight, cracks forming in the windshield of a 787 in flight during a flight over japan. this morning, the faa announcing it is opening an investigation into the aircraft. and how it is made. that announcement comes as silicon valley welcomes its first dreamliner to the san jose airport. >> it arrived after 9:00 a.m. and in less than an hour it will take a new flight of passengers bound for tokyo. in about 25 minutes. nbc bay area's bob riddell is live with more. >> reporter: good morning, marla and laura. there was a ceremony that j
Jan 16, 2013 4:30am PST
. >> happening now, two major japanese airlines have grounded boeing 787 dreamliner after yet another safety problem. this will affect passengers at mineta san jose international airport. >> the latest incident was mid-flight on the boeing 787 dreamliner headed if tokyo. the airline says a battery wanting light went off less than an hour after take off. then it came to smell of smoke and a smoke alert forced the pilots to land in western japan and evacuate all 137 people using an emergency chute. hours later they apologized saying they would ground all 17 of the dreamliners. japan airlines halted all seven of their boeing 787 dreamliner for emergency inspection. this is a week riddled with problems. last monday a fire broke out on a tokyo-bound flight in boston. the next day a fuel leak. a cracked window and faulty brake system grounded several flights in japan. the boeing 787 dreamliner was supposed to be a game changer, the most fuel efficient jet with 800 orders to date, but a year after take off, the problems have raised serious questions about its safety. >> the f.a.a. has launched thei
Jan 11, 2013 11:30am PST
administration announced this morning that it is launching a comprehensive review of the boeing dream drome because of mechanical problems. this is happening at the same time the airport is welcoming the japan airliner floit to tokyo. >> the flight is scheduled to leave at 11:45. the parges were not nervous about the new airplane. they will get comfort and see a famous passenger that is traveling with them and said he feels fully confident in the 787. boeing calls the airplane the dreamliner. it is a dream come true for the city's economy. >> it is the first floit behack to tokyo. this is 7 years and wait highway patroling for it and we are delighted that the flight is taking off. >> there is a shadow looming over it. there are questions over the safety of the planes. there was a fire and fuel leak earlier this week. we found a high profile passenger preparing to board this morning and feeling confident in the plane. >> when there is it a introduction to the airplane there is always something. there is nothing major on this one. >> former transportation secretary has full confidence in the
Jan 9, 2013 1:00pm EST
is it for boeing? how much damage will the recent run of problems for the so-called dream liner due to boeing and company shares. three questions this hour. three answers. sue? full of answers, live as always at nyse. >> i hope so, ty. we will start with a question. will jacob be the next nominee? john harwood confirming he will be nominated to replace outgoing secretary of treasury tim geithner. but can he get through the senate? that the question. john is here in new york with perspective on that. what do you think, john? >> yes, he can. he is liked across the political spectrum. he is an effective liberal serving tip o'neill in the past. but we know that second term cabinet are beginning to fall into place. we have had the national security members of the team named in the last few days but now jack lew will be named, we expect tomorrow, to replace tim geithner who has been wanting to leave for some time. here is what president obama gets, someone with vast experience in handling capitol hill and dealing with budget negotiations. he's been a part of almost lever r every big budget negotiat
Jan 17, 2013 5:00am PST
information. live in the castro for abc7 news. >> interesting. new this morning, a blow do boeing. several airlines have grounded their boeing 787 dreamliner and are scrambling to arrange flights for passengers. europe, japan, equal -- qatar and india grounded the boeing 787 dreamliner after an emergency landing and evacuation of an ana dreamliner in japan on tuesday. they have now canceled the boeing 787 dreamliner to san jose. united is the only u.s. carrier to fly the plane and the dreamliners will not fly to comply with the f.a.a. directive^. >> the district attorney in marin county may not have enough money to pay those who turned in the weapons during a four built buy back problem. people turned in 827 weapons on tuesday. officials handed out $70,000 of vouchers but they only have $43,000 to cover the buy back and another is set for monday. it is scheduled for 11 in the morning until 8:00 p.m. at san rafael and mill valley police departments but officials want not to expect to get any cash this time for turning in the gun. >> livermore police made an arrest in a homicide of a man who
Jan 17, 2013 6:30pm EST
que se suspendan los vuelos 787 d . los boeing 787 son los aviones de apapasajeros mÁs modernos u mundo, pero hoy amanecen en t teritei tierra l oque pro que provoca us econÓmica a nivel mundial. >>el 787 es considerado la joya de boeing, pero se esta volvi volviendo l en una pesadilla pa el fabricante ahora que las a o autoridades mundiales han dec decididio suspender todos sus e vuelos. >>en diciembre uno tuvo que a r aterri>seria el problema relacionado con la batgereria de litio. >>la desvejnatntaja es que se p descargar. >>son ocho aeropuerlÍneas quetin estos modelos, lan en ameri amÉricalatina. >>hemos tenido fuego a bordo, unimanchester uno .u nited dicde quee que estan colao en la investigaciÓn. >>boeing tienen mucha experie experiencia, van a determinar la causa y lo van a corregir. >>un voto de confianza se lo da el gobierno mexicano que manti teÓen firmin mantinemantine mantiene firme la decisiÓn de e tener uno para penrique
Jan 11, 2013 6:00am EST
due from wells fargo before the bell. plus, a rough week for boeing. today, u.s. transportation officials are set to announce a special review related to some of the recent electrical problems on the new 787 dreamliner. it's tri, january 11th, 2013, and "squawk box" begins right now. >>> the index is now 93 points off its record low that was locked back in october 2007. we've been watching the futures this morning, and right now those u.s. equity futures are indicated slightly lower for the dow futures just over six points, but the s&p futures and the nasdaq futures are indicated slightly higher. this is a global story with world stocks near eight-month highs. european stocks consolidating in early trading today. france pulling back slightly, but in germany, the dax is up by just over 8.5 points. the ftse is up by about five points or so in london. if you want to know who is taking part in this rally, check out these new statistics. investors poured $5 million stocks into mutual funds. that is the largest weekly inflow since 2001. mean too many, etfs gained about $8 million in c
Jan 17, 2013 4:00pm EST
at boeing and how the past can inform on what's next for the 787. stay with us. >>> welcome back. check out the move on intel. the chip giant announcing fourth-quarter results. jon fortt has been poring over the numbers. what can you tell us? >> gross mar jib came in a point higher than intel projected, at 58% as opposed to 57%. predicting the same for q1. q1, the revenues they are projecting, are a little bit under the consensus. 12.7 billion plus or minus half a billion. they are projecting low single-digit revenue increase for fiscal 2013. gross margin at 60%. $30 billion in capital expenditures, a couple more things really quick. inventories were down more than half a billion dollars. half a billion dollars that intell projected, that's a good thing. head count up by 300 people, quarter over quarter and interestingly the pc client group revenue, that was down 6% year over year, maria. >> john. thank you soich. more on intel's numbers we bring in chief executive officer stacy smith joining us for a first on cnbc interview. so good to see you. thanks so much for joining us. >> thanks for
Jan 16, 2013 7:00pm PST
>>> dreamliner's grounded. u.s. aviation authorities order airlines to stop flying the boeing 787. the federal aviation administration has instructed airlines to suspend flights of all 787 boeing dreamliners. investigators are looking into a series of battery and other technical problems. they want to confirm the airplane is safe. an overheated battery may have caused the dreamliner to make an emergency landing. a flight took off on wednesday from an airport in western japan. crews were forced to evacuate the plane. they checked a battery in an area beneath the cockpit. >> translator: there was a strong burning smell in the electronic equipment locker. melted material from the battery oozed out and stuck to the floor. >> the inspectors found no visible damage to e lek tlectris around the battery. they are still investigating. airline executives around the world have been attracted to the dreamliner. it uses 20% less fuel than other planes. it has a lighter body and advanced computer electronics. former aviation expert says it's unlike other planes. >> translator: you could call th
Jan 30, 2013 7:00pm PST
and the s&p closed down nearly six points. with it's newest plane grounded, boeing says its financial outlook for this year sees no significant impact from the 787 dreamliner's problems. but as the plane maker reported fourth quarter earnings today, it also acknowledged that assessment could quickly change. earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number i
Jan 17, 2013 2:00am PST
. >>> and is the dreamliner a lemon? boeing's troubled jumbo jet grounded in america and in europe as well. >>> desert standoff. americans among those held captive right now by militants in algeria. good morning. welcome to "early start." i'm john berman. >> we have a lot to talk about today. >> it's crazy. >> manti te'o is that story. >> good morning. i'm zoraida sambolin. it's 5:00 a.m. in the east. it's the story everyone is talking about. notre dame star linebacker manti te'o claiming he was the victim of a hoax. ripped a hole in his story, leading the irish to the bcs title game while dealing with the death of a girlfriend with leukemia. but now it turns out the girlfriend didn't die, it turns out she never existed. >> reporter: university of notre dame athletic director fought back tears while discussing manti te'o at a news conference. he is convinced te'o was the victim of an elaborate hoax. >> the thing i'm most sad about is -- sorry. that the single most trusting human being i've ever met will never be able to trust in the same way again. >> reporter: during the football season
Jan 8, 2013 4:00pm EST
. michelle caruso-cabrera. meanwhile, boeing hit with a double whammy today. a fuel leak grounding another 787 dreamliner. as officials investigate what sparked yesterday's fire on a different dreamliner. we'll talk about boeing's future next, and then a mysterious case of a man dying from cyanide poisoning. get this. he died right after winning the lottery. details of this bizarre story. stay with us. [ male announcer ] count the number of buttons in your car. now count the number of buttons on your tablet. isn't it time the automobile advanced? introducing cue in the all-new cadillac xts. the simplicity of a tablet has come to your car. ♪ the all-new cadillac xts has arrived. and it's bringing the future forward. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unli
Jan 16, 2013 4:00pm EST
opposite direction and boeing had the downside on the dow. >> you like the bank stocks, the earnings so far? >> i do. i think you have to keep an eye on the interest rate spread and how they will be profitable and that some banks will have the opportunity producing mortgages in lending, but that's -- they have already are their run for a while. >> that from the bullish ben willis. thank you, sir. that does it for the first hours of the "closing bell." dow down 25 points. stay tuned for ebay's earnings among others with the second hour of "closing bell" and maria bartiromo. see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. the market is snapping up a five-day winning streak. the dow jones industrial average finishing lower today after five days of gains. as you can see, the dow jones industrial average down about 27 points at 13,508. nasdaq and s&p 500 higher just by a fraction. the nasdaq picking up 6.75 point. certainly sold off from the hi
Jan 17, 2013 12:00pm EST
day out of the past seven. we're following boeing. the dow moving higher despite boeing. it a rare buying opportunity here or is there more down side ahead? and is america's most valuable stock in the process of bottoming. our traders will make that call. later you asked for it on twitter four stocks that you want to trade. you told me which ones they were. we'll trade them. we'll have four traders here to show you exactly what to do so stay tuned. r ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> welcome back. boeing shares just turned positive. the fallout continues for that company after the faa grounds the 787 dreamliner over those battery issues. is the recent selloff a buying opportunity in"fast money" trader and rose
Jan 24, 2013 7:00pm EST
it all. later in the show it's day nine for the worldwide grounding of the boeing 787 dreamliner. they still don't know what's causing these battery fires. this is not a pr problem this san airplane problem. we'll hear from former united airlines chief. free market capitalism is the best path to prosperity. if washington doesn't screw it up we might have a better year in the economy. i'm larry kudlow, we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. . >>> did you know that middle class americans actually have more buying power today than ever before. this according to well-known economics professors. they totally debunk the leftist view that somehow taxing or punishing or redistributing the wealth of the rich will then middle class that may not need then. the lefties
Jan 18, 2013 5:00pm EST
. >>> guess it wasn't a dream trade, last week a bullish bet on boeing but dreamliner nightmares still hurting the stock. does this give the guys a new way to cash out? ind out when options action return. >>> the names heating up options trader index this week, this week they got good news, passenger miles flown increase by 6% last year. options traders flew into the stock making big bets that the company is cleared for takeoff. who is it? the answer when "options action" returns. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ ♪ >>> welcome to the premier of "options act
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